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by CuriouslyC 3355 days ago
Artificial neural networks are much closer to neurons and brains than economic models are to markets, but we give economists a pass. Perhaps we should stop listening to them and revoke their publishing privileges?

Anyhow, the point wasn't to say Brains == ANN, rather it was to show how learning too quickly has consequences in other models of learning. This was mostly so people wouldn't just dismiss the idea out of hand as having no justification (which people seem to want to do regardless).

1 comments

Really? I think that we have a much better understanding of markets than Neuroscience. The human brain is an immensely complex system. We just figured out that lungs may produce the majority of our blood cells -- do you really have so much faith in a field that routinely misrepresents results to fit their hypotheses?